If you’re looking for a Midtown gem with built-in equity, character, flexibility, and access to all of Tulsa’s best—this is it. This charming Midtown home offers 3 bedrooms and 2 bathrooms. It’s the perfect blend of timeless charm, thoughtful updates, and an unbeatable location. Inside, you’ll find original hardwood floors, quartz countertops, a cozy wood-burning fireplace, and a classic rock exterior that gives this home lasting curb appeal. Built-ins with a dedicated desk space off the kitchen and dining area add both function and charm, while the sunroom offers the perfect spot to sip your morning coffee or gather with friends in the evening. The third bedroom features a private en-suite and its own exterior entrance—ideal for a guest suite, in-law setup, home office, or even rental income. The attic offers enough clearance to vault ceilings or add square footage, and the fully fenced backyard includes a detached shed for storage, a workshop, or creative use. A covered carport provides convenient off-street parking. Recent improvements include all-new plumbing throughout the home and a brand-new hot water tank, providing peace of mind and added value. And when it comes to location—it doesn’t get better than this: Just 0.5 miles to the University of Tulsa • 3 miles to Utica Square’s shopping, dining, and local charm • Only 5 miles to Downtown Tulsa, the BOK Center, and Cox Business Center • About 6 miles to The Gathering Place, Tulsa’s world-renowned riverfront park • Less than 1 mile to Route 66’s Meadow Gold District with local shops, iconic sights, and cafes Schedule your private showing today and imagine the possibilities!
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
